Metallurgy news

• Metalloinvest invests in an environmental program Metalloinvest approved the Environmental Program for 2020-2025. The program provides for more than 21 billion rubles of investments in a set of technological and environmental measures with direct environmental impact at all production sites of Metalloinvest. 70% of the program budget will be... 01.04.2020  10:37

• US steel production fell 10% last week Production figures are the lowest since January 2017 and capacity utilization is the lowest since April 2017. Two weeks ago, steel mills were hit by coronavirus-related car production stops, with all American automakers announcing some level of shutdowns as demand fell as local and state... 31.03.2020  14:05

• Difficult times for the Indian steel industry In India, steelmaking is expected to be negatively impacted by the Covid-19 pandemic and the 21-day downtime nationwide, and that domestic firms may have to face challenges such as weak domestic demand, which could lead to stockpiling , putting pressure on rolled metal prices. In the current... 31.03.2020  13:52

• Calls to Ease Steel and Aluminum Tariffs Amid COVID-19 Crisis Despite calls for tariff abolition, the White House continues to deny any intent to change section 232 tariffs. In the United States, metal industry organizations resumed debate this week over the application of section 232 tariffs on steel and aluminum, after the US Customs and Border... 30.03.2020  10:40

• The crisis is developing on the world steel market Steel production is declining in Europe, which is currently one of the regions hardest hit by COVID-19. MEPS also notes problems with transport shortages and border delays. Long lines of trucks are reported to be waiting to enter some countries. This restricts supply for many companies across the... 30.03.2020  10:36

• Indian steel firms ready to take Covid-19 hit and cut production Steel companies, including in the public sector, are considering cutting production in the wake of the coronavirus outbreak. JSW Steel of Sajjan Jindal has already announced its decision to cut production at its plants. Industry sources said senior executives at major players such as Tata Steel,... 27.03.2020  11:11

• Jingye Sends Aid Package to British Steel in Scunthorpe China's Jingye has sent a private jet filled with medical equipment to Scunthorpe's steel plant to help protect workers and keep blast furnaces running amid the chaos caused by Covid-19. Half of the aid package from China will be donated to the community surrounding the steel plant as nearby local... 27.03.2020  11:01

• Some Turkish metallurgists stop production Various Turkish steel mills have announced production cuts following their counterparts in the EU and other regions as the global coronavirus pandemic continues to rage. Electric arc furnace-based long steel maker Ekinciler has decided to end production indefinitely from this week. Another... 27.03.2020  10:43

• AISI calls on the US administration to designate steel as a major industry The American Iron and Steel Institute has called on the Trump administration to identify the steel sector and its workers as “essential” in developing and enforcing on-site orders and other directives in response to the COVID-19 pandemic. In a letter to Pence VP, Thomas J. Gibson, President and C... 26.03.2020  11:22

• NLMK suspends production of a steel plant in Italy due to coronavirus Russian steelmaker NLMK has suspended production at its plant in Italy for at least two weeks due to the spread of the coronavirus, while other European plants are still operating. NLMK said: "We have temporarily suspended the bulk of our operations in Verona for at least two weeks." The plant... 26.03.2020  11:06